Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

The town of Nantucket is hereby authorized to change the municipal use of certain land shown on the Nantucket Assessors Map 42.3.2 as parcel 26, from park and recreation purposes pursuant to terms of certain restrictions imposed under the Federal Land and Water Conservation Fund program, P.L. 88-586, 78 Stat 897, held by said town pursuant to section 3 of chapter 45 of the General Laws to new general municipal uses except for the express reservation of 60 parking spaces designated for use in connection with the town pier, subject to approval of replacement parcels as specified in clauses (1) to (7), inclusive, of section (i) in Article 90 of the 1997 annual town meeting in accordance with all applicable requirements of the United States National Park Service and the executive office of environmental affairs.